Electric Scooter Startup Unu Raises $12 Million

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Unu Scooter

Berlin based battery-powered electric scooter startup Unu has secured a fresh $12 million in a venture round that was led by Ponooc. The funding round also saw participation from existing investors that includes Capnamic Ventures, Iris Capital, Michael Baum, and NRW.BANK.

Started in 2013 by Elias Atahi, and Pascal Leonard Blum, the company claims to have sold about 10,000 scooters as of now. The company is one of the most successful electric scooter manufacturers along with the likes of Govecs, BMW, and others. Due to its lighter weight, electric scooters are getting priority over the electric cars as the scooters become more energy efficient than the car.

Unu Scooter LogoUnu is planning to launch the second generation of product where it is working one scooter sharing services. However, the firm is not revealing information on it as yet. There’s a whopping boom in the electric scooter market in the European countries. Govecs and Gogoro scooters have been on the European roads for a while now with a number of other startups trying to put their right foot in the demanding industry. Unu is in talks with few top companies where it wants to sell their scooters in bulk. The sale of the firm can go very high if they manage to close even a single deal of the scooter sale to the companies they're in talks.

The fresh capital to the company might allow them to explore the other possibilities in the domain while the firm tries to bring a number of scooters on the European roads through their ongoing talks. 

 

Image Courtesy : UnuMotors

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